RE: 2m shares purchased today.4 Jun 2025 21:15
@MattRemit - But it's not 1 billion shares though is it? It's relative to the free float of the shares avalible to trade is it not? And relative to the recent normal? Both you and a poster on the other forum have made this point about 1 Billion shares, but IMO it's not accurate/contextual.
Not sure how accurate Yahoo finance is but:
Shares outstanding: 1.04B
Implied shares outstanding: 1.06B
Float 522.11M:
% held by insiders 4.32%
% held by institutions 47.45%
Scancell I belive have an unsually high instutional ownership?:
"AI Overview
Learn more
Approximately 49.54% of the free float for Scancell Holdings plc (SCLP.L) is held by institutions. This means that a significant portion of the shares available for public trading are owned by institutional investors like hedge funds and investment firms. Specifically, Yahoo Finance data shows that 47.40% of the shares are held by institutions, and 49.54% of the float is held by institutions. "
As Marcusl2 says, "relatively" speaking, the recent activivity is unusual:
"04/6/2025
19:35:53 Volume 2,317,714
Avg. Volume 752,453
marcusl2"
The recent activity implies there a change in tact does it not?